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Let's Check the Markets!
Today's First
Look:
mornings
with cash and futures reviewed- includes where the Cash
Cattle market stands, the latest Feeder Cattle Markets
Etc.
Each afternoon we are posting a recap of that day's
markets as analyzed by Tom Leffler of
Leffler Commodities click here for the report
posted yesterday afternoon around 3:30
PM.
Okla
Cash Grain:
Daily
Oklahoma Cash Grain Prices-
as reported by the Oklahoma Dept. of Agriculture.
(including Canola prices in central and
western Oklahoma)
Futures
Wrap:
Feeder
Cattle Recap:
Slaughter
Cattle Recap:
TCFA
Feedlot Recap:
Our Oklahoma Farm Report
Team!!!!
Ron Hays, Senior Editor and
Writer
Pam Arterburn, Calendar and
Template Manager
Dave Lanning, Markets and
Production
Leslie Smith, Editor and
Contributor
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Oklahoma's
Latest Farm and Ranch News
Presented
by
Your
Update from Ron Hays of RON
Wednesday, November 4,
2015 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
| |
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Featured
Story:
We are
in Overland Park, Kansas this morning- after
spending the day yesterday at the Angus Means
Business Convention and Trade Show. This
gathering of Angus seedstock producers and
cattlemen who use Angus breeding stock had a heavy
dose on Tuesday of how genomics are changing the
makeup of our beef cow herds- and the bulls that
are used to breed them.
Dr.
Stewart Bauck, General Manager for
Neogen GeneSeek Operations has
been around since the beginning of this brave new
world. I remember visiting with him more than once
at summer cattle meetings when he worked for
Merial and their early efforts in genomic testing.
He said the world of bovine genomics really got
its start in December 2004 when the U.S.
Department of Agriculture announced the
international collaboration to sequence the bovine
genome. Once the sequence was complete, Dr.
Bauck said they realized there were millions of
snips (SNPs) in the genome. A California
technology company called illumina built a chip
that allowed scientists to integrate tens of
thousands of snips in the genome.
Since
that time, the science has advanced very quickly
and has become economically feasible. For $45, an
Angus breeder can pull tail hair or draw blood and
ship it to GeneSeek to be analyzed. In return,
GeneSeek sends the genomic data back to the
American Angus Association to generate a
genomically enhanced Expected Progeny Difference
(EPD).
"The cattle producer gets back
what he has always gotten back, which was an EPD,
a language and a science and a measurement that he
understands," Bauck said. "The difference is, it's
much more accurate and highly beneficial for
him."
In talking with the Interim CEO
of the American Angus Association, Richard
Wilson, Angus breeders have embraced this
technology- with almost a fourth of all Angus
registrations this past year now including genetic
information on those animals.
Cattle
producers can anticipate more advances in the near
future. Bauck said genomic testing will get a
little less expensive and the power of prediction
will also increase. The technology will also
become more precise in measuring difficult traits,
such as longevity, feed efficiency, health
resistance/tolerance and female fertility. He
predicts quantifying these traits will come to the
forefront in the next three to five years.
I
caught up with Bauck at the Angus Means
Business Convention that continues
today and tomorrow in Overland Park, Kansas. Click or tap
here to hear our full interview.
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Sponsor
Spotlight
The presenting sponsor of our daily email is
the Oklahoma Farm Bureau - a
grassroots organization that has for its Mission
Statement- Improving the Lives of Rural
Oklahomans." Farm Bureau, as the state's
largest general farm organization, is active at
the State Capitol fighting for the best interests
of its members and working with other groups to
make certain that the interests of rural Oklahoma
are protected.
Click here and
check out their website to learn
more about the organization and how it can benefit
you to be a part of Farm
Bureau.
And- remember-
the 2015 Annual Convention and Trade Show of
the Oklahoma Farm Bureau is set for next week-
November 13-15 in downtown Oklahoma City at the
Cox Convention
Center. |
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Cattle
prices have leveled out over the last week or so.
That has helped the market recover some of the
losses seen from the cattle market collapse from
August and September. On a regular basis,
Kansas State University Extension
Livestock Market Economist Dr. Glynn
Tonsor calculates a quarterly all-fresh
beef demand update. For the third quarter, he said
the index was up almost nine percent over last
year. That is also the sixth consecutive quarter
of at least a five percent increase in demand.
Tonsor said that means the public is paying more
beef than anticipated. "They are seeing
more value in them, they are willing to open up
their wallets and spend more money on them,"
Tonsor said. "That means more money is going
throughout the entire industry." Tonsor
said the nine percent increase in the index stems
from a two percent increase in per-capita
consumption and a six percent increase in
inflation adjusted price for the quarter. By
increasing both price and quantity, he said the
demand curve shifted out. These third quarter
numbers are confirmation of a three year trend of
positive beef demand strength. U.S.
beef demand has remained strong. These third
quarter numbers are some of the best demand
numbers seen since the early 1990's. This retail
beef demand index dates back to 1990. There was a
lot of demand erosion throughout many years in the
1990's. Tonsor said these past three years has
offset or erased some of those prior losses.
Click or tap to hear
this interview with Tonsor or to see the beef
demand index graph since 1990.
|
 Ag
Groups Support Senate Bill on WOTUS- But Measure
Falls Three Votes
Short
The
Republican-led Senate fell three votes short of the 60
required to pass a bill Tuesday afternoon
that would have forced the
Obama Administration to redo the latest rule
interpreting the Clean Water
Act. The
Senate voted on
S. 1140, the Federal Water Quality Protection Act.
This bipartisan legislation would direct the
Environmental Protection Agency and Army
Corps of Engineers to withdraw the current "waters
of the United States" rule and immediately work
with all stakeholders to draft a rule that would
bring clarity to the Clean Water Act without
usurping state and private water
rights.
After the cloture motion failed, Senate
Majority Leader Mitch McConnell,
who called the WOTUS rule a "cynical and
overbearing power grab," brought up the GOP
fallback measure, the disapproval
resolution sponsored
by Joni Ernst, R-Iowa. It only
needed a simple majority to proceed, and the
Senate voted 55-43 to take it up.
Both votes were largely symbolic,
because of White House veto
threats.
Natural
Resources Defense Council
Senior Attorney, Jon
Devine, wrote a blog on Tuesday vote that
fell short of the sixty yes votes needed to invoke
cloture, saying:"...the Senate
Republican leadership has no plan to help protect
the public from water pollution....Instead, [bill
sponsor] Sen. Barrasso and his
supporters want to leave this water in limbo and
open to threat. Happily, their efforts failed
today, as will other attempts to kill the Clean
Water Rule that the Senate may vote on this
week."
Currently,
the United States Court of Appeals for the Sixth
Circuit has temporarily stayed implementation of
the WOTUS rule across the country until they can
determine jurisdiction. In granting the stay, the
Court found that the WOTUS rule may violate
established law on the extent of the Clean Water
Act. Moreover, the Court cited the flawed
rulemaking process used by the EPA and the
arbitrary nature of the limits set in the
rule.
|
John
Deere and the Climate Corporation Expand Precision
and Digital Agriculture Options for
Farmers
Deere
& Company and The Climate
Corporation, a subsidiary of
Monsanto Company, have signed
definitive agreements for Deere to acquire the
Precision Planting LLC equipment business and to
enable exclusive near real-time data connectivity
between certain John Deere farm equipment and the
Climate FieldView platform. The agreements
represent the industry's first and only near
real-time in-cab wireless connection to John Deere
equipment by a third party. "As a
result of these milestone agreements, farmers will
experience the fastest, most frequent and highest
resolution third-party connectivity between John
Deere's equipment and the Climate FieldView
platform." "To maximize the value of
digital agriculture, farmers need solutions for
simple and seamless collection of in-field
agronomic data," said Mike Stern,
president and chief operating officer for The
Climate Corporation. "As a result of these
milestone agreements, farmers will experience the
fastest, most frequent and highest resolution
third-party connectivity between John Deere's
equipment and the Climate FieldView
platform." John May,
president, agricultural solutions and chief
information officer at Deere, said, "The
agreements we are announcing allow John Deere to
extend the range of retrofit options available
from Precision Planting to many more products and
into new geographies. John Deere strengthens its
position as the most open platform in the industry
both in our equipment and the cloud-based data
management solution known as the John Deere
Operations Center." Click here to read
more about this new agreement.
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Sponsor
Spotlight
FarmAssure is very proud of
their Independent Agents. Boasting the best 200
farm insurance agents in Oklahoma, every county is
covered. They write policies for small farms,
country homes, hobby farms and the newest
addition, personal auto. All agents have embraced
the company's ease of doing business, coverages
and rates, and excellent claim
service.
FarmAssure jumped in to successfully fill a
void in Oklahoma, especially with their country
home program. Click here for
more information about FarmAssure or call
800-815-7590. You'll be glad you
did. |
Selk
Recommends Mineral Program for Cows on Wheat
Pasture
Glenn
Selk, Oklahoma State University Emeritus
Extension Animal Scientist, writes in the latest
Cow-Calf Newsletter.
Some Oklahoma
cow calf producers will use wheat pasture as a
major source of winter feed for beef cows. If
wheat pasture is the predominant feed in the diet
of mature beef cows, providing an appropriate
"wheat pasture" mineral mix will be helpful in
preventing grass tetany at, or after the calving
season begins.
Grass tetany, caused by
magnesium deficiency does not seem to be a major
problem in Oklahoma although occasional cases are
reported. It typically occurs in beef cows during
early lactation and is more prevalent in older
cows. The reason is thought to be that older cows
are less able to mobilize magnesium reserves from
the bones than are younger cows. Grass tetany most
frequently occurs when cattle are grazing lush
immature grasses or small grains pastures and
tends to be more prevalent during periods of
cloudy weather. Symptoms include incoordination,
salivation, excitability (aggressive behavior
towards humans) and, in final stages, tetany,
convulsions and death.
It is known that
factors other than simply the magnesium content of
the forage can increase the probability of grass
tetany. High levels of potassium
in forages can decrease absorption of magnesium
and most lush, immature forages are high in
potassium. High levels of nitrogen fertilization
have also been shown to increase the incidence of
tetany although feeding protein supplements has
not. Other factors such as the presence of certain
organic acids in tetany-causing forages have been
linked with tetany. It is likely
that a combination of factors, all related to
characteristics of lush forage are involved.
Click here to read
more from Dr.
Selk.
|
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Want to
Have the Latest Energy News Delivered to Your
Inbox Daily? 
Award
winning broadcast journalist Jerry
Bohnen has spent years learning and
understanding how to cover the energy business
here in the southern plains- Click here to subscribe to his
daily update of top Energy News.
|
Consumer
Research Group Predicts WHO Claims Against
Processed Meat and Red Meat Will Not Scare
Consumers Away
The
recent announcement of a World Health Organization
(WHO) study suggesting a link between processed
and red meat consumption and cancer raised the
question of how consumers would respond. Would
they, for instance, reduce their intake of these
foods?
If
history repeats itself, the study will have little
impact on the consumption of these foods,
according to leading global information company
The NPD Group, which has
continually tracked all aspects of eating
attitudes and behaviors for over 30
years.
Using
history as a predictor of future consumption
behavior, NPD analyzed consumption behaviors after
a 2002 American Cancer Society report recommended
that consumers limit their consumption of
processed and red meats, especially those high in
fat. The ACS report, which was widely publicized
at the time of its release, cited epidemiologic
studies that found populations with diets high in
fruits and vegetables and low in animal fat, meat,
or calories have a reduced risk of some of the
most common types of cancer. In its
recommendations, ACS stated that in the U.S.,
about 35% of cancer deaths may be avoidable
through dietary
modification.
The NPD
analysis, which was based on information collected
through its National Eating Trends service, looked
at consumption trends for processed meats,
fish/seafood, steak, bacon/substitute bacon,
poultry, ham, pork (excluding ham and bacon), and
ground beef/hamburger/patties/and dishes.
There was no discernible difference in the
consumption of processed and red meats or many of
the other animal proteins tracked after the ACS
guidelines were released compared to eating
patterns prior to 2002. Processed meat
consumption did decline somewhat beginning in 2005
until 2007 when its consumption steadily increased
through 2014. Poultry consumption also increased
from 2003 through 2007 and has plateaued
since.
Click here to read
more of the release from the consumer tracking
group on this latest assault on Processed and Red
meat.
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This N That - Armitage
Livestock Plans Fall Gathering This Saturday,
It's
Big Iron Wednesday and Congrats to Dr. Robert
Westerman
Mike and Martha
Armitage of the A Bar Ranch have a
combo cattle/horse sale of top stock planned for
this Saturday- they are calling it
their Fall
Gathering.
Planned for OKC West in El Reno, the sale
will kick off Saturday morning at 11 AM with a
great set of heifers and cows that will improve
your cattle herd.
At
3:30 PM- a set of 35 Brangus Bulls will be
offered.
Then
at 6:00 PM- the day will wrap up with Remuda Sale-
featuring 17 ranch geldings and 40
weaned colts.
***********
It's Wednesday- and that means the
Big Iron folks will be busy
closing out this week's auction items -
all 408 items consigned. Bidding will
start at 10 AM central
time.
Click Here for the complete
rundown of what is being sold on this no reserve
online sale this week.
If you'd like more information on buying and
selling with Big Iron, call District Manager
Mike Wolfe at 580-320-2718 and he
can give you the full scoop. You can also
reach Mike via email by clicking or tapping
here.
**********
This
last week- we began dropping in the videos from
the recent OSU salute to three distinguished Ag
School Alums- as well as three non alums who have
had major impact on the Ag School as well as on
Oklahoma Agriculture- this award called their
DASNR Champions.
This
morning- we have another of those tribute videos
that we wanted to share with you- the one that
honors OSU Distinguished DASNR Alum Dr.
Robert Westerman.
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Ranchers,
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Corporation and the Oklahoma Cattlemen's Association
for
their
support of our daily Farm News Update. For your
convenience, we have our sponsors' websites linked
here- just click on their name to jump to their
website- check their sites out and let these folks
know you appreciate the support of this daily
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Charge!
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also invite you to check out our website at the
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links from around the globe.
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WWW.OklahomaFarmReport.Com
God Bless!
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phone: 405-473-6144
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